Statehood for Puerto Rico Would Kill Its Triple-Tax-Exemption

Puerto Rico capitol building

Bob Chrinko, Professor of Finance, was quoted in an article on Puerto Rican statehood appearing in the Bond Buyer (the daily newsletter for the municipal bond market), entitled “Statehood for Puerto Rico Would Kill its Triple-Tax-Exemption.”  He discussed the impacts of statehood on the pricing of bonds and the welfare of Puerto Rican citizens, as well as the likelihood of achieving statehood.